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Pepperstone vs Plus500
A field-by-field comparison based on the current BrokaBoy catalogue. Check current pricing and the regulated entity on each broker's website before deciding.
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | Pepperstone | Plus500 |
|---|---|---|
| BrokaBoy score | 9.2/10 | 7.7/10 |
| Trustpilot rating | Trustpilot 4.2 (3,580 reviews) | Trustpilot 4.2 (19,809 reviews) |
| Listed minimum deposit | $10 | $100 |
| Advertised spread from | 0.0 pips | 0.6 |
| Advertised maximum leverage | 1:400 | 1:30 |
| Regulators | FCA, ASIC, CySEC, DFSA, SCB, BaFin, CMA | FCA, CySEC, ASIC, MAS |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Plus500 WebTrader, Plus500 Mobile |
| Instruments | Forex, CFDs, Indices, Commodities, Crypto | CFDs, Forex, Stocks, Crypto, Indices |
| Account types | Standard, Razor | Retail, Professional |
| Founded | 2010 | 2008 |
| Spread type | Razor account quotes raw spreads from 0.1 pips; Standard account is commission-free with a markup. | Fixed-style variable spreads from 0.6 pips, all costs built into the spread. |
| Commission | Around $3.50 per lot per side on Razor; zero on Standard. | No separate commission on any instrument. |
| Overnight / swap | Overnight financing charged or credited daily, with a triple debit mid-week. | Overnight funding charged daily on open leveraged positions. |
| Withdrawals | Free withdrawals to most cards and e-wallets; international wires may incur a bank fee. | No withdrawal fee on standard requests; inactivity fee after three months without login. |
Key differences
- Pepperstone has a lower listed minimum deposit ($10 vs $100).
- Pepperstone has the higher BrokaBoy score (9.2/10 vs 7.7/10).
- Both brokers hold licences with FCA, ASIC, CySEC.
- Only Pepperstone lists MetaTrader 4, MetaTrader 5, cTrader, TradingView among its platforms.
- Only Plus500 lists Plus500 WebTrader, Plus500 Mobile among its platforms.
- Only Pepperstone lists Commodities among its instruments.
- Only Plus500 lists Stocks among its instruments.
Which should you choose?
- Choose Pepperstone if a lower listed opening deposit is your priority.
- Choose Pepperstone if you want the broader platform list shown in our catalogue (4 vs 2).
- Choose Pepperstone if access to Commodities is essential, and confirm it is available under your entity.
- Choose Plus500 if access to Stocks is essential, and confirm it is available under your entity.
- Choose the broker whose regulated entity covers your country and provides the protections you need; confirm this on the regulator's register.
Frequently asked questions
Which has the lower minimum deposit, Pepperstone or Plus500?+
Pepperstone has the lower listed minimum deposit ($10 vs $100). Confirm current terms with each broker.
Are Pepperstone and Plus500 regulated by the same authorities?+
They share FCA, ASIC, CySEC. Pepperstone lists FCA, ASIC, CySEC, DFSA, SCB, BaFin, CMA; Plus500 lists FCA, CySEC, ASIC, MAS in our catalogue.
Which has the higher BrokaBoy score?+
Pepperstone scores 9.2/10 against 7.7/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do Pepperstone and Plus500 support the same platforms?+
No platform is listed by both brokers in our catalogue.
